Amkor Stock Hit 52-Week High - What's Going On?

Core View - Amkor expects first quarter GAAP EPS between 18 cents and 28 cents, exceeding the analyst estimate of 21 cents, with revenue projected between $1.6 billion and $1.7 billion, above the $1.53 billion estimate [1] Analyst View - Amkor delivered a beat-and-raise quarter, with most metrics exceeding consensus expectations [2] - The company guided FY26 CapEx to a record level, significantly above Street expectations, indicating management's confidence in long-term advanced packaging growth [2] - Following the earnings call, estimates for FY26 and FY27 were modestly increased [2] Revenue Growth Projections - Revenue is expected to rise by 11% in FY26 and 16% in FY27, driven by cyclical recovery and the ramp-up of 2.5D/HDFO technology, initially in Korea and later in Arizona [3] Technical Analysis - Amkor is trading above key moving averages, indicating a bullish trend, positioned 5.1% above its 20-day SMA, 13.9% above its 50-day SMA, and 73.6% above its 200-day SMA [4] - The RSI is at 61.22, suggesting a neutral but slightly bullish stance, indicating potential for upward movement [5] - Over the past 12 months, Amkor's stock has surged by 113.34%, reflecting strong investor interest and positive sentiment [5] Stock Performance - Amkor's stock is currently trading at 92.2% of its 52-week range, nearing recent highs, indicating a strong uptrend [6] - At the time of publication, Amkor shares were up 0.71% at $54.25, close to its 52-week high of $55.17 [6]